People wait for the start of the draw at Madrid's Teatro Real opera house during Spain's bumper Christmas lottery draw known as El Gordo, or The Fat One, in Madrid, Spain, Friday, Dec. 22, 2023.

Other lotteries have bigger individual top prizes but Spain's Christmas lottery, held each year on Dec. 22, is ranked as the world's richest for the total prize money involved.

Workers prepare numbered lottery balls at Madrid's Teatro Real opera house during Spain's bumper Christmas lottery draw known as El Gordo, or The Fat One, in Madrid, Spain, Wednesday, Dec. 22 ...

FILE - Lottery sellers celebrate in front of their shop after selling a winning ticket of the first prize of Spain's Christmas lottery ''El Gordo'' of calle Aranal de Madrid, on Dec. 22, 2022.

A worker touches winning numbered lottery balls at Madrid's Teatro Real opera house during Spain's bumper Christmas lottery draw known as El Gordo, or The Fat One, in Madrid, Spain, Tuesday, Dec ...

The Spanish Christmas Lottery is one of the world’s largest lottery draws. It’s celebrated every Dec. 22, with a payout of more than 2 billion euros.

Fortune shined Tuesday on the lucky holders of tickets with the number 72897 that took top prize in the Spain’s huge Christmas lottery, known as “El Gordo” (The Fat One). The prize shelled ...

Long lines formed Saturday as people hoped to buy a winning share in Spain's Christmas lottery, known as El Gordo (the Fat One), which will hand out 2.24 billion euros ($2.43 billion).

The immensely popular lottery will distribute a total of $2.8 billion in prizes this year, much of it in small prizes. Street and bar celebrations normally break out with winners singing and dancing.

Fortune shined Tuesday on the lucky holders of tickets with the number 72897 that took top prize in the Spain’s huge Christmas lottery, known as “El Gordo” (The Fat One).The prize shelled ...